BMO Capital initiated coverage of First Advantage (FA) with an Outperform rating and $20 price target While the “sluggish” hiring market has constrained First Advantage’s pre-employment screening revenue, trends are “beginning to move in the right direction,” the analyst tells investors in a research note. The firm says the recently closed Sterling Check deal helps solidify the company’s position as the largest in the space.
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Read More on FA:
- First Advantage reinstated with an Overweight at Barclays
- First Advantage reinstated with an Outperform at RBC Capital
- First Advantage Reports Q3 2024 Earnings and Strategic Acquisition
- First Advantage reports Q3 adjusted EPS 26c, consensus 25c
- First Advantage still sees 2024 standalone adjusted EPS 88c-98c, consensus 92c
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